BENSON TERRY
BENSON TERRY is a Texas oil lease in Young County, Railroad Commission district 09, operated by Terry, Lewis D. It has 18 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 94,441 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $40K, with roughly $8K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 36 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was November 2019, at 308 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BENSON TERRY
- Who operates BENSON TERRY?
- BENSON TERRY is operated by Terry, Lewis D., Railroad Commission of Texas operator number 844055.
- Where is BENSON TERRY?
- BENSON TERRY is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 07326.
- Is BENSON TERRY still producing?
- BENSON TERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENSON TERRY is August 2026.
- How much has BENSON TERRY produced?
- BENSON TERRY has reported 94,441 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 18 wellbores.
- How much is BENSON TERRY worth?
- The remaining production from BENSON TERRY is estimated to be worth about $40K in total as of 27 August 2026, within a range of $22K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENSON TERRY is a fraction of it. The estimate fits an Arps decline curve to the production BENSON TERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENSON TERRY is an estimate of value, not an offer and not an appraisal.
- How much income does BENSON TERRY generate in a year?
- BENSON TERRY is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BENSON TERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Terry, Lewis D. |
|---|---|
| Field | Young County Regular |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 07326 |
| Wellbores | 18 |
| Reported production | 94,441 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where BENSON TERRY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.